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Met’s Move – to Offer a New Edition of its Guaranteed Income Benefit

Steven D. McDonnell

Enough new product initiatives have been happening around the variable annuity industry to make us curious as to how such ideas may translate into sales over the rest of the year. Last week we saw yet another noteworthy development, as MetLife registered a new Guaranteed Minimum Income Benefit (GMIB) with an enhanced rollup rate...

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